Sign in

Oliver Jarringan

Research Analyst at Morgan Stanley

Oliver Jarringan is an analyst at Morgan Stanley specializing in financial institutions coverage, currently serving on the FIG (Financial Institutions Group) team. Having transitioned from consulting, he joined Morgan Stanley after completing a rigorous full-time recruiting process and stands out for adapting to banking without a traditional internship background. His career began with experience in consulting before pivoting to investment banking; he secured his current analyst role by excelling in both technical and behavioral interviews. Jarringan holds relevant finance certifications and demonstrates strong analytical capabilities, distinguishing himself in challenging market conditions with a focus on diligence and adaptability.

Oliver Jarringan's questions to LINCOLN ELECTRIC HOLDINGS (LECO) leadership

Question · Q3 2025

Oliver Jarringan inquired about early fourth-quarter demand trends, particularly in construction and infrastructure, and sought clarification on how increased automation order rates would translate into sequential revenue and margin improvements.

Answer

Gabriel Bruno (EVP, CFO and Treasurer) noted continued strength in automation orders and core Americas business, while expecting softening in the HVAC sector. Steven Hedlund (Chairman, President and CEO) added that construction and infrastructure showed regional distinctions, with strength in Americas Welding but challenges internationally. For automation, Steven Hedlund explained that while some short-cycle uptick might occur, the significant revenue and margin impact from renewed capital spending, especially in automotive, is anticipated in 2026 due to long project cycles. Gabriel Bruno clarified that sequential automation improvement (15-20% from Q3) would positively impact Americas segment margins.

Ask follow-up questions

Get Instant Answers from SEC Filings & Earnings Calls

Ask complex financial questions and get precise answers in seconds. Fintool scans millions of documents to surface insights beyond timely human analysis.

Search across 8,000+ companies
Access millions of SEC filings & transcripts
Get answers cited to the source
Try Fintool for Free

Trusted by leading investment firms and analysts